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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (64324)	8/27/2020 11:54:47 AM
From: Real Man	2 Recommendations Recommended By ggersh maceng2 Respond to of 71412

From Jesse

To: ggersh who wrote (64324)	8/27/2020 12:40:03 PM
From: flashforward2009	5 Recommendations Recommended By ggersh ksera maceng2 marcher Real Man Read Replies (1) \| Respond to of 71412

Zero Hedge is out in front of the herd. Printing money always works until it doesn't. I think we are getting close to doesn't. MMT is an untested theory, most of those end up in the round file. The trillions of dollars created is now up against the velocity of money, printing has gone straight up while money velocity has gone straight down. Unless capitalist principles no longer apply that is a very bad situation. We all should be aware that the R. will do anything and everything to win the next election, that includes handing out money and distorting the facts, point of course is what their saying about the state of the economy has to be taken with a bucket of salt. The REPO market was rescued by the FED, a large and increasing percent of auto loans were over three months behind, real estate mortgages delinquencies were rising, the consumer was/is at record debt, and that was before CV19. CV19 for sure exacerbated the problems, but it also is serving as a cover for all the crap that was already in the pipe.